Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Ajmera Realty & Infra India Limited

NSE: AJMERAResidential, Commercial Projects

Share price

₹115.77

-1.88% close of 8 Oct 2026

Market cap ₹2,258 CrP/E 14.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

71

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,258 Cr

P/E ratio

14.6

P/B ratio

1.6

ROCE

14.3%

ROE

11.5%

Dividend yield

0.8%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹214.4252-week low ₹99.98

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Dec 2014 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Dec 2014 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 14.6× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 36.6×, across 5 companies. It is against its own five-year median of 24.3×, the 1st percentile of its own range.

Whether growth justifies the valuation

Priced at 0.5 times its growth rate, on earnings growth of 28%.

Profit growthPrice per ₹1 profitPer 1% growth
Ajmera Realty & Infra India Limited — this one28%/yr14.6×₹0.52
DLF Limited27%/yr36.6×₹1.4
Lodha Developers Limited56%/yr25.8×₹0.46
The Phoenix Mills Limited12%/yr49.2×₹4.1
Prestige Estates Projects18%/yr53.4×₹3.0
Oberoi Realty9%/yr22.9×₹2.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 20 of 86 on returns, 58 of 80 on growth, 24 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 14.3% on capital, ahead of 77% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹368 crore of cash from the business, spent ₹43 crore on plant and equipment, and returned ₹207 crore to lenders and shareholders. But only about 23 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up. Its cash comes back faster than it used to: it went from being waiting 850 days for its cash to waiting 591 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue rose 23% year on year, while full-year presales and launch targets remain early in the year.

Announced 4 Aug 2026 · Consolidated · Unaudited

Revenue

₹317 Cr

Revenue vs last year

+22.9%

Revenue vs last quarter

-26.5%

Net profit

₹45 Cr

Profit vs last year

+15.2%

Profit vs last quarter

-23.8%

Net margin

14.2%

EPS

₹2.19

Earnings call transcript · 4 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,258 Cr
Prev close
₹115.77
52w High
₹221
52w Low
₹98.0
Enterprise value
₹2,900 Cr
Beta
1.7
Price CAGR 1y
-40.0%
Price CAGR 3y
17.0%
Price CAGR 5y
12.0%
Price CAGR 10y
16.0%

Ratios

Return on assets
6.1%
PEG ratio
0.5
P/E ratio
14.6
P/B ratio
1.6
EV / EBITDA
10.0
Industry P/E
23.4
ROCE
14.3%
ROCE 5y average
11.0%
ROE
11.5%
Debt / Equity
0.5
Interest coverage
4.1
Dividend yield
0.8%
ROE 3y average
12.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹1,090 Cr
Annual profit
₹157 Cr
Operating margin
27.0%
Net profit margin
14.4%
EBITDA margin
27.4%
Sales growth 3y
36.2%
Sales growth 5y
25.7%
Profit growth 3y
28.0%
Profit growth 5y
38.0%
EPS
₹7.6
Sales growth TTM
43.0%
Profit growth TTM
16.0%
Dividend payout
13.0%

Quarter P&L

Sales latest quarter
₹317 Cr
Profit latest quarter
₹45 Cr
YoY quarterly sales growth
22.7%
YoY quarterly profit growth
15.4%
OPM latest quarter
28.8%

Balance Sheet

Book Value
₹71.7
Face Value
₹2.0
Total debt
₹711 Cr
Total cash
₹87 Cr
Borrowings
₹711 Cr
Reserves / Equity
34.8

Cash Flow

Operating cash flow
₹69 Cr
Free cash flow
₹40 Cr
FCF yield
-1.5%
Net cash flow
-₹36 Cr

Shareholding

Promoter holding
68.6%
FII holding
0.9%
DII holding
0.8%
Public holding
29.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF656.0037.81,62,5151.22793.94.11,280.3-52.96.3
Lodha Developers1,109.4026.81,10,5550.381,373.1103.44,996.743.116.4
Phoenix Mills1,845.5051.066,1680.14394.523.31,074.912.812.4
Oberoi Realty1,736.0023.762,6850.46543.529.01,300.931.717.3
Prestige Estates1,429.3054.361,8850.14271.4-19.42,675.115.910.4
Godrej Propert.1,580.2029.547,7450.63349.4-41.7506.216.57.6
Anant Raj612.1538.122,0330.16149.218.9631.46.612.1
Ajmera Realty117.9915.02,3200.8544.912.5317.022.614.3
Median138.9524.19620.008.526.690.714.37.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales116145207232194200193151258219182431317
Expenses79108147166129140130108180161127324226
Material Cost18916590315202
Change in Inventories-25-1825-9.227.68
Purchases of Stock-in-Trade00000
Employee Cost1614121816
Other Expenses000
Operating Profit373860666460634378585510791
OPM %32262929333032293026302529
Other Income2222246212233
Exceptional items (within Other Income)00000
Interest9102128231824122117142230
Depreciation0010111111112
Profit before tax29294140434745335743428762
Tax %26222626242226273127333328
Net Profit22233029333633243931285945
EPS in Rs1.191.271.721.621.771.951.721.281.951.541.302.832.19
Diluted EPS in Rs9.737.721.302.832.19

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1653162773703823443474834317007381,0901,149
Expenses119233170231254240251366307499507792838
Material Cost759
Change in Inventories-27
Purchases of Stock-in-Trade0
Employee Cost60
Operating Profit458310713812710595116124201231299311
OPM %27263937333028242929312727
Other Income7914171965610815810
Exceptional items (within Other Income)0
Interest17313646506658593669767383
Depreciation2223222221.713.054.355
Profit before tax3359831069443416296139167229234
Tax %202221211923232526252431
Net Profit264666847633314672104126157163
EPS in Rs1.452.393.674.644.241.841.702.564.035.806.407.617.86
Diluted EPS in Rs7.61
Dividend Payout %232116141615161815141413

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
13%
5 years
26%
3 years
36%
TTM
43%

Compounded profit growth

10 years
13%
5 years
38%
3 years
28%
TTM
16%

Stock price CAGR

10 years
16%
5 years
12%
3 years
17%
1 year
-40%

Return on equity

10 years
10%
5 years
11%
3 years
12%
Last year
11%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital353535353535353535353939
Reserves3804144695275766036296747388301,1671,359
Borrowings268334445515863968775868843808676711
Other Liabilities492478466458406365457441305290372484
Minority Interest120
Total Liabilities1,1761,2611,4161,5361,8801,9721,8972,0181,9221,9632,2542,594
Fixed Assets7472706971766666697177106
CWIP000000000000
Investments393922248667502566110124120
Other Assets1,0631,1501,3251,4431,7221,8291,7811,9281,7871,7822,0532,368
Total Assets1,1761,2611,4161,5361,8801,9721,8972,0181,9221,9632,2552,594

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-6811959-116-345-18201-641352207.5569
Cash from Investing Activity-10-914-4-511-929-45-76-12-48
Cash from Financing Activity59-98-69109363-1-17533-86-97-1-56
Net Cash Flow-19115-1112-717-2446-5-36
Free Cash Flow-6611955-120-350-25179-661312172.3940

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4154171176184223189200116112156142
Inventory Days18,07114,0068,244
Days Payable8421,090378
Cash Conversion Cycle415417,40013,0931842231892001161128,022142
Working Capital Days1,3326886938181,1011,1841,0538501,112699727591
ROCE %6111314117688121314

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters707074747468686868686869
FIIs0.040.020.290.190.320.980.650.480.780.530.780.95
DIIs1.591.772.112.111.961.762.301.741.221.211.130.82
Public292823242429293030303030
No. of Shareholders24,21424,82425,18827,50628,29627,57227,21727,78427,59627,29925,01327,336

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -43.2% (₹203.88 → ₹115.77)Brick size ₹4.23 (fixed)Bricks 64
₹100₹150₹200₹116Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹115.77 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,83,11,688inr

2026-03-31

News

News and filings about Ajmera Realty & Infra India Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • cement
  • ready-mix concrete
  • reinforcement steel / rebar
  • sand and aggregates

Depends on the price of

  • cement
  • steel

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE298G01035

News impact

Big market events that reach Ajmera Realty & Infra India Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2026unspecified₹1
14 Jan 2026split₹0
2 Sep 2025unspecified₹4.5
2 Aug 2024unspecified₹4
2 Aug 2024demerger₹0
4 Aug 2023unspecified₹3
11 Aug 2022unspecified₹2.25
8 Sep 2021unspecified₹1.4

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.